Economy

Vietnam remains an attractive destination for US investors in the Indo-Pacific, heard a webinar recently held by The Asia Group.

The national index of industrial production (IIP) increased 7.9 percent year-on-year in the first seven months of this year, according to the General Statistics Office.

Vietnam's overseas investment rose by 2-3 times in the first seven months of this year, according to the Ministry of Planning and Investment.

Currently, the situation of Covid-19 epidemic is complicated, southern provinces and city must implement social distancing measures according to Directive 16/CT-TTg of the PM.

Despite a fall in Vietnam's rice exports so far this year, experts held that the situation will be improved once the COVID-19 pandemic is controlled.

An Australia-funded project has chosen nine leading agritech scale-ups from overseas to enter the Vietnamese market with an aim of solving the country’s most pressing agrifood challenges.

Information from the Long An Department of Planning and Investment, the Long An People's Committee calls for investing the logistics centre project with an area of about 50 hectares.

The goal of developing a supply chain of clean agricultural products is to provide safe products for users; control, trace the origin of products, serve the stable supply for domestic and foreign markets and export.

Despite complicated developments of the COVID-19 pandemic, export revenues from agricultural products have increased strongly so far this year, greatly contributing to the country’s economic growth.

Export revenue from the EU market reached 22.5 billion USD in the first seven months of 2021, a year on year rise of 15.5 percent, reported the Ministry of Industry and Trade.

Recently, due to the impact of the Covid-19 epidemic, the situation of agricultural production and consumption of agricultural products has faced many difficulties.

The national consumer price index (CPI) in July grew by 0.62 percent against June and 2.64 percent year-on-year, according to the General Statistics Office.